Brexit: Single Market and Workers’ Rights
Lord Monks Excerpts(7 years, 11 months ago)
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Lord Monks (Lab)
My Lords, can I probe a bit harder about how robust these assurances about the great reform Bill are? At the weekend, the Chancellor said that if the EU takes a hard approach to the negotiations, the British Government are going to have to go downmarket and undercut our EU neighbours on corporate tax. Will the same thing not happen on labour standards? Is there not a big risk that the Government will be forced by the logic of Brexit into undercutting and beggar-thy-neighbour policies?
Lord Prior of Brampton
My Lords, it would be a huge misjudgment and mistake for any British Government to think that eroding the rights of UK workers and making them less engaged and productive would contribute in any way to us being more competitive. In the same way that we want to have low tax rates, we want to have a fully engaged and well-trained workforce.